How to create a WEB 2.0 style logo

Step 1
Make a new file with the dimension 600 x 450 pixels (CTRL+N) and type the text for your logo (preferably in a simple and clean font with rounded corners, like the helvetica Rounded wich i used):


Step 2
Double-click on the textlayer in the layerpanel to add a layerstyle to this type. Choose a "gradient overlay" with the following values:


That will result in this:



Step 3
After that, make a new layer. In this new layer, create an oval shaped selection as shown below and fill this selection with white (ALT+BACKSPACE):


Step 4
Select the layer containing the white oval you just created in the layer panel and click (while holding CTRL!) on the thumbnail of the textlayer you created earlier. If you've done this right, you'll have a selection in the shape of your text.
Next, you have to press CTRL+SHIFT+I. With this shortcut, you'll inverse the selection. When you do this, you've selected everything EXCEPT the text:


Step 5
Press DELETE to remove all excess white:


Step 6
Give this layer an opacity of approximatly 33%:


Step 7
Select both the layer with the white overlay and the layer with the text and copy those layers. You can do this easily by selecting both layers with CTRL pressed (only in CS2) and dragging thos layers in the "new layer" icon in the bottom of your layer view. Merge those two copied layers in one layer by pressing CTRL+E. Flip this new layer vertically (in the menu: edit->transform->flip vertical) en drag this layer down to match the bottoms of the texts:


Give the mirrored text a gradient to let it blend in with the background (like done in the previous image). To do this, you have to apply a layer style to the mirrored text with this values:


Step 8
Add a yellow, star-shaped, shape:


Stap 9
Apply a layerstyle to this star with this values:


And a border:



And a drop shadow:



All together results in this:



Stap 10
At last, add a white text in the yellow star (make something up. BETA is very trendy to add to everything, so you can use that):

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